5 New Tesla Products Coming In The Next 5 Years

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Tesla Motors IncTSLA
plans to unveil an entirely new product this Thursday, April 30. Many analysts expect it to be a residential battery, thanks in part to the
cornucopia of evidence
unearthed by Global Equities Research analyst Trip Chowdhry. "Their relationship with SolarCity and power generation, and of course the ideal thing would be for somebody to have an electric car and charge from the sun," Tigress Financial Partners analyst Ivan Feinseth told Benzinga. "Then you're totally green." Batteries aren't the only new products Tesla will sell, however. Analysts are convinced that the company has a plethora of products that will be released over the next five years. Read on for a glimpse of Tesla's potential pipeline.

1. New Roadster

Chowdhry told Benzinga that he would not be surprised if Tesla released a new roadster within the next few years. "Tesla has hired a lot of design engineers from Aston Martin," said Chowdhry. "I don't think they're doodling their thumbs on a $30,000 car, [the] Model 3. Chris Porritt, from Aston Martin, would be totally bored if they told him to design gen-3 car." Porritt
joined Tesla
in May 2013. "I think he's probably trying to design the next supercar from Tesla around the price point of McLaren 570S," Chowdhry added. "That's a speculative bet I could make because of the kinds of people they hired. And we know these guys are not there to get excited by designing a Honda Accord for the electric [market]. A $35,000 car would bore these guys. They would run away. But they have been given an exciting job, which is not on [the] gen-3 car, but probably on a supercar." Chowdhry speculated that the price would be between $150,000 and $175,000. He expects the car to be available in the next two or three years but said it might not arrive before 2019.

Related Link: Tesla Hasn't Solved Range Anxiety, Says Former Chevy Volt Exec And Fisker CEO

2. Supply Chain Management Software

It might not sound as exciting as a new automobile, but Tesla
could make billions
by selling its own supply chain management software. "[It] will be so disruptive that it may push SAP back to the drawing board, just like Amazon Web Services pushed almost every on-premises technology company back to the drawing board and still they haven't been able to catch up," said Chowdhry. "I think that's the thing to focus on. It's a transportation company, an energy-storage company and a software company." Thus, Chowdhry said that Tesla's competition is not actually
Ford Motor CompanyF
or
General Motors CompanyGM
. "It may be SAP three years from now," he said.

3. Full Line Of Automobiles

Feinseth thinks Tesla is "absolutely" working on a new roadster because "their very first car was a sports car." But that's not all. "They want a full line of automobiles," said Feinseth. "They want a sedan, an SUV, a sports car and more of an economy car to round out their product line. They want to be a full competitive automobile company to handle [multiple] markets, not just a niche. They don't want to be a niche provider."

4. Drivetrains For Other Manufacturers

Feinseth said that Tesla has made it known that it would "love to work with other automobile manufacturers to incorporate their electronic drivetrain in other cars." And if Tesla partnered with another automaker, "everybody would speculate that at some point they would just buy the company." "For example, if they partnered with GM to provide the electronic drivetrain and design cars together, people would say, 'At some point GM would just by the company,'" said Feinseth. "I think you will see some kind of joint venture with another auto manufacturer to provide the drivetrain and jointly develop cars."

5. Motorcycles

Rob Enderle, principal analyst at Enderle Group, previously
shared
his expectations for a Tesla motorcycle. "[Elon Musk has] been looking at motorcycles," Enderle told Benzinga. "There's been a lot of people that have met with him [to discuss the matter]. Motorcycles would be a natural extension. They'd go right into the stores without any trouble at all." Disclosure:
At the time of this writing, Louis Bedigian had no position in the equities mentioned in this report.
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Posted In: Analyst ColorAnalyst RatingsTechGlobal Equities ResearchIvan FeinsethRob EnderleSAPTeslaTigress Financial PartnersTrip Chowdhry
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